Assume That You Want to Read a Description of a Particular

question 49

Multiple Choice

Assume that you want to read a description of a particular area of the law, along with one or more illustrations of how that law is applied. You will not find that type of material in

• A)a citator.
• B)the Treasury Regulations.
• C)the Cumulative Bulletin.
• D)the Committee Reports.

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Definitions:

Export Restriction

Export restriction is a policy imposed by governments to limit or control the export of certain goods, services, or technology, often for political, economic, or environmental reasons.

Nontariff Barrier

Refers to any restriction, other than tariffs, that is used by countries to control the amount of trade across their borders, including quotas, embargoes, or regulations.

Trade Embargo

A government-imposed restriction on trade with a specific country or the exchange of specific goods.

Tariff

A tax imposed on imported goods to regulate trade by increasing the price of foreign products.